Wealthfront Advisers LLC Sells 2,817 Shares of iShares Russell 2000 Value ETF $IWN

Wealthfront Advisers LLC lessened its position in iShares Russell 2000 Value ETF (NYSEARCA:IWN) by 16.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,915 shares of the company’s stock after selling 2,817 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Russell 2000 Value ETF were worth $2,195,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IWN. Tassel Capital Management Inc. raised its holdings in iShares Russell 2000 Value ETF by 3.3% in the 2nd quarter. Tassel Capital Management Inc. now owns 2,115 shares of the company’s stock worth $334,000 after acquiring an additional 68 shares during the last quarter. Pinnacle Financial Partners Inc boosted its stake in iShares Russell 2000 Value ETF by 0.5% during the 1st quarter. Pinnacle Financial Partners Inc now owns 14,406 shares of the company’s stock valued at $2,290,000 after purchasing an additional 75 shares during the last quarter. McMill Wealth Management boosted its stake in iShares Russell 2000 Value ETF by 4.0% during the 1st quarter. McMill Wealth Management now owns 1,948 shares of the company’s stock valued at $294,000 after purchasing an additional 75 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of iShares Russell 2000 Value ETF by 2.0% in the 1st quarter. IFP Advisors Inc now owns 3,834 shares of the company’s stock worth $579,000 after purchasing an additional 77 shares in the last quarter. Finally, American Financial Advisors LLC raised its stake in shares of iShares Russell 2000 Value ETF by 0.8% in the second quarter. American Financial Advisors LLC now owns 10,328 shares of the company’s stock worth $1,629,000 after purchasing an additional 80 shares during the last quarter. Hedge funds and other institutional investors own 74.70% of the company’s stock.

iShares Russell 2000 Value ETF Price Performance

Shares of NYSEARCA:IWN opened at $176.74 on Friday. iShares Russell 2000 Value ETF has a 1 year low of $129.38 and a 1 year high of $183.51. The company has a market cap of $11.74 billion, a P/E ratio of 14.35 and a beta of 1.09. The stock’s fifty day moving average price is $176.72 and its 200-day moving average price is $163.05.

iShares Russell 2000 Value ETF Company Profile

iShares Russell 2000 Value ETF, formerly Ishares Trust Russel 2000 (the Fund), formerly iShares Russell 2000 Value Index Fund, is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Value Index (the Index). The Index measures the performance of equity securities of Russell 2000 Index issuers with relatively lower price-to-book ratios and lower forecasted growth.